Tag Archives: Economic Advisory Committee

Bank Economists See Rebound from First-Quarter ‘Shock’

The U.S. economy will bounce back from a lackluster start to the year, with growth in the second half of 2015 forecasted to reach 2.8, the ABA Economic Advisory Committee said today. “This has been a wild period for the economy,” said EAC Chairman Ethan Harris, co-head of global economics research at Bank of America Merrill Lynch, referring to the seasonal “shock” of bad weather in addition to sharp drops in oil prices and the West Coast port strike.

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